Collaboration on Asset Management Business

Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara), Asset Management One Co., Ltd. (President & CEO: Noriyuki Sugihara, hereinafter 'Asset Management One'), and SPARX Asset Management Co., Ltd. (President & CEO: Shuhei Abe, hereinafter 'SPARX AM'), a subsidiary of SPARX Group Co., Ltd. (President & Group CEO: Shuhei Abe), have concluded a 'Collaboration Agreement' aimed at developing the Japanese asset management business and strengthening investment capabilities.

Based on this agreement, the three companies aim to provide higher value-added asset management services and products to Japanese investors.

SPARX AM has achieved success by applying its long-cultivated Japanese equity investment philosophy and expertise to foreign equity management, primarily in Asia, and launched Indian equity management (hereinafter 'this investment strategy') in fiscal year 2025. Asset Management One provides a diverse range of investment services to a broad investor base, from traditional assets to alternative products. Mizuho will provide seed capital for this investment strategy, while SPARX AM and Asset Management One will share their respective knowledge and strengths to enhance investment capabilities through this strategy.

Moving forward, the three companies will steadily advance this collaboration through the development and sales of new investment products and personnel exchanges. By doing so, they aim to provide higher-quality investment opportunities, contribute to the long-term asset formation of customers, and realize Japan's goal of becoming a leading nation in asset management.